UKRAINE – Global port operator and logistics group, DP World, has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval. DP World says bringing the TIS Container Terminal into its global network of ports, economic zones, warehousing, and inland logistics solutions will strengthen its position as a market leading terminal operator in the country.

This latest acquisition also complements the existing operations of DP World's P&O Maritime Services business through a joint venture with.

Source:handyshippingguide

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